IDBI Bank Q4 Net profit jumps 44%

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IDBI Bank Q4 Net profit jumps 44%

(20 second reading) IDBI Bank reported a 44 per cent jump in net profit at Rs 1,628 crore in the Q4 of 2023-24, compared to net profit of Rs. 1133 in the Q4 of last year.
Total income rose to Rs 7,887 crore in the period under review, from Rs 7,014 crore in the January-March period of fiscal year 2022-23.
For the 2023-24 fiscal, net profit grew 55 per cent to an all-time high of Rs 5,634 crore. In 2022-23, the profit was at Rs 3,645 crore. Total income for fiscal year 2023-24 was at Rs 30,037 crore, up from Rs 24,942 crore in financial year 2022-23.

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